127 Bowery, Irvine, California 92612, Irvine, 92612 - 2 bed, 2 bath
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127 Bowery
Irvine, California 92612
ACTIVE
CONDITION: EXCELLENT
2Beds
2Baths
1,483Sq Ft
0Lot Size
Property Price
LIST PRICE$980,000
EST. MARKET VALUE
$989,747
SUMMARY
This Modern Condominium is a Strong Value Opportunity, listed at $980,000—positioned well below the $989,748 Fair Market Value by 0.98%. This valuation gap offers $9,748 in Instant Equity for the buyer. Featuring an Excellent Condition Rating and a private deck, this 2019-built residence offers a low-maintenance lifestyle with minimal HOA fees. Located in the heart of Irvine, it provides a turnkey living experience for Owner-Occupants or first-time buyers seeking a modern, centrally located home.
Estimated Market Value
$989,747
Based on Realkey algorithm analyzing recent comparable sales in Irvine.
Comparable Sales Map
Comparables within 1 miles sold in recently
Map unavailable.
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 127 Bowery Subject 2 bd · 2 ba · 1,483 sqft · $667 | $980,000* List Price | 2 | 2 | 1,483 | $667 | - |
A 111 Bowery Sold 2 bd · 2 ba · 1,483 sqft · $674 · 0.0 mi | $1,000,000 | 2 | 2 | 1,483 | $674 | 0.0 mi |
B 187 Bowery Sold 2 bd · 2 ba · 1,483 sqft · $663 · 0.1 mi | $983,888 | 2 | 2 | 1,483 | $663 | 0.1 mi |
C 1226 Nolita Sold 2 bd · 2 ba · 1,088 sqft · $722 · 0.1 mi | $785,000 | 2 | 2 | 1,088 | $722 | 0.1 mi |
D 221 Bowery Sold 3 bd · 3 ba · 1,760 sqft · $647 · 0.1 mi | $1,138,000 | 3 | 3 | 1,760 | $647 | 0.1 mi |
E 2412 Nolita Sold 2 bd · 2 ba · 1,079 sqft · $769 · 0.1 mi | $830,000 | 2 | 2 | 1,079 | $769 | 0.1 mi |
F 1244 Nolita Sold 2 bd · 2 ba · 1,075 sqft · $810 · 0.1 mi | $870,500 | 2 | 2 | 1,075 | $810 | 0.1 mi |
G 1310 Nolita Sold 2 bd · 2 ba · 1,088 sqft · $722 · 0.1 mi | $785,000 | 2 | 2 | 1,088 | $722 | 0.1 mi |
H 145 Bowery Active 2 bd · 2 ba · 1,483 sqft · $668 · 0.0 mi | $990,000 List Price | 2 | 2 | 1,483 | $668 | 0.0 mi |
* Subject property listed price vs sold prices of comps.
Condition Analysis
See Full ReportOVERALL CONDITION SCORE
Excellent
TeardownExcellent
Property is new construction or fully renovated.
Built in 2019, this property is only 7 years old, placing it well within the 'Excellent' category. The interior features a mint-condition modern kitchen with white cabinetry and stainless steel appliances, contemporary bathrooms with glass-enclosed showers, and updated systems, requiring no maintenance.
PROSSTRENGTHS & OPPORTUNITIES
- Modern Construction
Built in 2019, this contemporary condominium offers updated building standards, energy-efficient features, and a modern aesthetic that minimizes the need for immediate maintenance or renovations.
- Prime Irvine Location
Situated in the highly desirable 92612 zip code, the property provides exceptional proximity to major business centers, UCI, John Wayne Airport, and premier shopping and dining.
- Competitive HOA Fees
With a monthly association fee of just $166, this property offers a significantly lower carrying cost compared to many other modern condominium developments in the Irvine area.
CONSRISKS & DEFICIENCIES
- Basic View Profile
The property features a standard neighborhood view, which lacks the premium appeal of panoramic or scenic vistas often sought by buyers in this price bracket.
- Local School Ratings
The assigned public schools currently hold lower performance ratings (3-4), which may be a drawback for families prioritizing top-tier educational metrics in the Irvine area.
About 127 Bowery
Welcome to 127 Bowery, a modern condominium located in Irvine’s desirable 92612 area. Built in 2019, this approximately 1,483-square-foot residence offers 2 bedrooms and 2 bathrooms with a comfortable, contemporary layout. The home provides a practical combination of modern living, generous interior space, and convenient access to Irvine’s shopping, dining, business centers, parks, and major transportation routes. Situated in a newer community, the property is well suited for buyers looking for a low-maintenance Southern California lifestyle in a central Irvine location. With its newer construction, spacious two-bedroom floor plan, and highly convenient location, 127 Bowery offers an attractive opportunity for comfortable everyday living in the heart of Irvine.
Property Details
Public Facts
- Property Type
- Condominium
- Year Built
- 2019
- Lot Size
- -
Interior
- Total Bedrooms
- 2
- Total Bathrooms
- 2 (2 Full, 0 Half)
Exterior & Parking
No exterior & parking available.
Utilities & Misc
- HOA Fee
- $166.0 / Month
Neighborhood Insights
Irvine Unified Schools
Monroe Elementary School
Grades K-5 • 2.8 mi
4/10
Mcfadden Intermediate School
Grades 6-8 • 3.8 mi
3/10
Century High School
Grades 9-12 • 3.7 mi
3/10
Sensitive Facilities
No sensitive facilities data found.
Neighborhood Comparison
| Feature | Subject | Average Home |
|---|---|---|
| Beds | 2.0 | 2.7 |
| Baths | 2.0 | 3.0 |
| Square foot | 1,483 | 1,685.105 |
| Lot Size | - | 42,358.594 |
| Price | $980.0K | $1.21M |
| Price per sq ft | $661 | $740 |
| Built year | 2019 | 2010 |
| HOA | $166.0 | $280 |
| Days on market | 26 | 61 |
Pricing History
Listed for Sale
Sep 29, 2026
$980,000
Initial Listing
Sold
Sep 18, 2019
$680,000
Public Record